Which of the Following Characteristics Are Correct Regarding the New

question 35

Multiple Choice

Which of the following characteristics are correct regarding the new style option quotation system?
I. The system is known as OPRA - the Options Price Reporting Authority code.
II. The system has 3 data elements.
III. The system has 21 characters.
IV. The system has 5 characters.
V. The system is known as the OCC Series Key.
VI. The root symbol is the underlying stock's ticker symbol.

• A)I, II, III, and VI
• B)II, III, IV, and V
• C)I, II, and IV
• D)II, III, V, and VI
• E)III, V, and VI

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Definitions:

Accounting Practices

The standard methods and procedures used by companies to record, report, and manage financial information.

Management Accountants

Professionals who specialize in financial planning, analysis, and reporting for decision-making within organizations.

Internal Consultants

Employees within an organization who provide expertise and advice on specific matters, functioning like consultants but working from within.

Corporate Cops

Informal term for regulators or enforcement agencies overseeing corporate compliance with laws and regulations.